1437 West Gage Avenue

Los Angeles, CA 90047

$450,000
Last Sold Price
4
Beds
3
Baths
1,864 Sq. Ft.
$241 / Sq. Ft.
1,864
Sq. Ft.
$241
per Sq. Ft.

Description

Nice hot Income property in the Greater Los Angeles area where rents are increasing continuously. Great Opportunity to fix and flip or hold for residual income. First unit is listed as a 2 bedroom 2 bath but actually has a total of 4 rooms 2 baths. 2 rooms are bonus rooms. In addition to the bonus room still has an office room. 2 other units are very spacious singles. Also has a bonus unit as well with Jacuzzi installed. Total of 4 units. Will be delivered vacant at coe. Income property with gross...Nice hot Income property in the Greater Los Angeles area where rents are increasing continuously. Great Opportunity to fix and flip or hold for residual income. First unit is listed as a 2 bedroom 2 bath but actually has a total of 4 rooms 2 baths. 2 rooms are bonus rooms. In addition to the bonus room still has an office room. 2 other units are very spacious singles. Also has a bonus unit as well with Jacuzzi installed. Total of 4 units. Will be delivered vacant at coe. Income property with gross monthly income of $6,000 or more. Sq ft of first unit is around 1800. Sq ft of other 3 units are about 800. 4 units total. Centrally located mins from new Inglewood stadium, Coliseum, and new soccer stadium. Price dropped 100k. Seller is very motivated
  1. Listed by DRE #C124094 • Brokerage DRE #01905148 • Keller Williams Silicon Beach

Property Details for 1437 West Gage Avenue

Zoning
LAR1
Parcel Number
6002026006
Total Units
3.0
Living Area
1864
Source Living Area
Owner
Area
Los Angeles Southwest (C34)
Vacancy Rate
100
Lot Size Area
4600

Location

Listing Courtesy of Keller Williams Silicon Beach, DRE #C124094

Sold By Keller Williams Silicon Beach, DRE #C124094

Add your commute
LISTING UPDATED: 01/10/2020 10:56 PM

Property Details for 1437 West Gage Avenue

StatusSold
MLS #19-503486
Days on Market138
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.11 AC / 4,600 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Silicon Beach, DRE #C124094

Sold By Keller Williams Silicon Beach, DRE #C124094

Add your commute

Building Information for 1437 West Gage Avenue

Stories-Residences-Year Built1931Building Size-Lot Size0.11 AC / 4,600 SF

Payment Calculator

$3,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1437 West Gage Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Residential
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $4,900
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-24-2019
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $12,221.00
  • Assessed Land Value: $21,310.00

Property History for 1437 West Gage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1437 West Gage Avenue

Taxable ValueLand$468,180Additions$104,300Total$572,480
Tax Record2023$7,259 ($605 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtLot Size4,600 SqFtStyleTriplexYear Built1931ZoningLAR1CountyLOS ANGELESAPN6002-026-006

Schools near 1437 West Gage Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John Muir Middle School
Public6 to 8

George Washington Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Silicon Beach, DRE #C124094

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.